adani cement

Adani signs pact to refinance $3.5 bn loan for Ambuja Cement acquisition – ET Infra

Billionaire Gautam Adani-led Adani Group has signed an agreement to refinance $3.5 billion of loans which the conglomerate had taken to acquire ACC Ltd and Ambuja Cement, the company said in a statement on Friday. “The re-financing programme of USD 3.5 billion has been concluded with a clutch of international banks with debt maturity of […]

Adani signs pact to refinance $3.5 bn loan for Ambuja Cement acquisition – ET Infra Read More »

The Orient Cement: Adani’s play in yet another infra sector in India – ET Infra

Adani Group, which is a key player in India’s infrastructure and materials sector with a strong presence in airports, ports, mines, energy and real estate, has been flexing its muscles in another sector crucial to India’s infrastructural growth — cement. Adani’s bet on cement business relies on India’s fast-paced expansion of its infrastructure which requires

The Orient Cement: Adani’s play in yet another infra sector in India – ET Infra Read More »

Cement companies’ Q2 profitability to surge on strong volumes – ET Infra

A strong year-on-year growth in volume, along with lower cost of power and fuel is seen boosting earnings of domestic cement producers in the September quarter, with average profitability of the industry seen surging by at least 50% compared to the previous year, said analysts. While operating margins are seen lower on a sequential basis

Cement companies’ Q2 profitability to surge on strong volumes – ET Infra Read More »

Orient promoter CK Birla taps Adani for cement business sale – ET Infra

Industrialist CK Birla has approached Gautam Adani to sell his promoter stake in listed Orient Cement after rejecting initial offers from other domestic players for failing to meet his valuation demand, people aware of the talks told ET. Senior management executives on both sides have also met to discuss a potential deal for the Adanis,

Orient promoter CK Birla taps Adani for cement business sale – ET Infra Read More »

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra

MUMBAI: Adani Cement‘s profitability is set to improve by as much as 45-50% over the next five years as it builds new capacities with a substantial cost advantage, while strategic initiatives boost the profitability of its existing plants, chief executive officer Ajay Kapur said. “The Ebitda (earnings before interest, tax, depreciation and amortisation) (per tonne)

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra Read More »

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra

MUMBAI: Adani Cement‘s profitability is set to improve by as much as 45-50% over the next five years as it builds new capacities with a substantial cost advantage, while strategic initiatives boost the profitability of its existing plants, chief executive officer Ajay Kapur said. “The Ebitda (earnings before interest, tax, depreciation and amortisation) (per tonne)

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra Read More »

Focused on expansion to become profitable cement manufacturer: ACC – ET Infra

NEW DELHI: Adani group firm ACC Ltd is making remarkable strides in its ambitious endeavour to double capacities and is also focused on margin expansion to become the most profitable cement manufacturer in the country, according to its latest annual report. ACC Chairman Karan Adani said Adani group is adopting a three-pronged approach to the

Focused on expansion to become profitable cement manufacturer: ACC – ET Infra Read More »

Adani Cement exits industry lobby group Cement Manufacturers’ Association – ET Infra

Adani Cement, which owns Ambuja Cement and ACC, has exited the industry lobby group Cement Manufacturers’ Association (CMA), which represents all large cement players in the country, said people in the know. This comes after the Adani Group company had a difference of opinion on multiple issues with the CMA, the people cited above said

Adani Cement exits industry lobby group Cement Manufacturers’ Association – ET Infra Read More »

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